Well Established Refurbished Machine Sales Business

Since 1985, this longstanding business has been the go-to company for used machinery for both Canadian and US customers. Trade-ins and industrial auctions have maintained an inventory of hundreds of machines ready to be refurbished. Operating from a 25,000 sq ft facility just north of the GTA, they ship throughout North America with about 50% of sales exported. Seller is retiring and willing to train a new owner to ensure a smooth transition. This is one of the few (and largest) companies still providing these reconditioned machines, so 30% of sales are repeat customers. Employees are knowledgeable and loyal. An excellent profit margin has been maintained without advertising so there is considerable growth potential from updating the website and more aggressive marketing. This opportunity is one of the rare ones and expected to sell quickly. Seller will entertain a VTB on equipment inventory. Listing ID: 3340

Year Established: 1985

Franchise: No
Square Footage: 25,000 sq ft

Monthly Rent: $13,527 pm (incl TMI) + HST

Gross Revenue: $856,000
SDE: $296,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.